Belfair, WA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Belfair short-term rental market based on reliable data.

Listings

46 / 73

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$36,370

Middle-Earners Revenue

Occupancy

43%

Middle-Earners Occupancy

Home Value

$474,719

Median Home Sale Price

Top Earners

$82,277

Top-Earners Revenue

Belfair

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Belfair.

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C

Challenging to Investors

Belfair Regulations

Short-term rentals are presently allowed under Washington RCW 64.37 with no active Mason County rules; required compliance is basic (state lodging taxes, CO alarms, primary liability insurance) and relatively light. However, the county’s draft MCC 17.100, currently paused, would add land-use permits, annual renewals, inspections, waste service proof, neighbor notification, and moderate fees/operational requirements. This transitional uncertainty with anticipated moderate permitting and rules makes investor planning challenging.

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About Belfair

Belfair is a census-designated place in Mason County, Washington, United States. Located at the mouth of the Union River at Hood Canal, it serves as the commercial center of northern Mason County. The population of the surrounding area grows in the summertime, as the Canal and the Olympic Peninsula are popular with tourists. The population was 3,931 as of the 2010 census.

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